Key Takeaways

• Fartcoin (FARTCOIN) has been added to Coinbase’s roadmap, causing a 20% price surge.

• The token previously rallied 8x from $0.20 to $1.60 despite not being on a major exchange.

• Analysts warn of a potential pullback after the listing; the token is currently trading in a descending wedge.

• If Fartcoin breaks out of its wedge and continues gaining traction, a move toward $10 in a bullish cycle is possible.

Fartcoin’s Rally Fueled By Coinbase Listing

Fartcoin has been one of the standout performers of this year’s meme coin resurgence, delivering outsized returns even without being listed on a top-tier centralized exchange (CEX).

Coinbase Announcing The Fartcoin And Subsquid Listings

Source: X (@CoinbaseAssets)

After bouncing from a local bottom of $0.20, the token soared to an all-time high of $1.60 in May, a jaw-dropping 700% gain.

Fartcoin Goes Global

Until now, most of Fartcoin’s trading volume has come from decentralized exchanges (DEXs) such as Raydium and Orca.

Despite its massive popularity among retail traders and influencers, institutional investors and traditional crypto users largely avoided the token due to the lack of major exchange support. That’s no longer the case.

With Coinbase’s massive user base and robust infrastructure, Fartcoin now has access to a global investor pool. This listing could act as a catalyst for a new price discovery phase, potentially pushing Fartcoin into multi-billion-dollar market cap territory.

Technical Analysis: Caution Is Warranted

Despite the bullish catalyst, Fartcoin’s chart shows mixed signals. Currently trading within a descending wedge pattern, the token is consolidating between well-defined resistance and support levels.

According to veteran crypto analyst ‘Bluntz’, who uses Elliott Wave Theory, Fartcoin may have completed its corrective A-B-C structure. His analysis highlights bullish divergence on the 8-hour chart, often a precursor to a breakout.

Veteran Trader ‘Bluntz’ Analyzing Fartcoin’s Performance

Source: X (@Bluntz_Capital)

Still, market caution remains. Historical data shows that many altcoins experience a short-term “sell-the-news” dip after a CEX listing. Combine that with Bitcoin’s recent dip and the generally bearish sentiment across crypto markets, and it’s easy to see why investors might want to tread carefully.

Key Support & Resistance Levels:

• Support: $0.85 (lower wedge trendline).
• Resistance: $1.25 (upper wedge breakout level).

Short-term traders may want to wait for a clean breakout above the wedge before entering new positions.

Could $10 Be Next?

Given its strong fundamentals, high trading volume, and now a listing on the largest crypto exchange in the U.S., Fartcoin is positioned to climb higher, provided market conditions stabilize.

If retail momentum continues and other major exchanges like Binance or Robinhood follow Coinbase’s lead, the $10 target might not be so far-fetched.

However, this prediction depends on multiple variables:

• Market sentiment (especially Bitcoin performance).
• Timing of the actual Coinbase listing.
• Future exchange announcements.
• Meme coin hype cycles.

For now, $2 to $3 seems like a realistic near-term target post-listing, with $10 being possible in a full-blown bull run.

FAQ

What is Fartcoin?

Fartcoin is a meme coin built on the Solana blockchain. It gained popularity for its humorous branding and strong community, recently achieving a Coinbase listing.

Why did Fartcoin’s price go up?

The price surged over 20% following the listing, making it more accessible to retail and institutional investors. The listing also means that the meme coin can now be bought and sold globally.

Is Fartcoin a good investment?

While it has strong short-term momentum, it’s subject to high volatility. Long-term success depends on market sentiment and continued exchange support, in addition to general support from the Fartcoin team and community.

Will Fartcoin be listed on Binance or Robinhood?

There is speculation among analysts that further listings could follow Coinbase, but it is important to remember that nothing is confirmed yet as of the time of this writing.